Never Mind Those Gaping Cracks In The Plaster: The Debt Ceiling Is Safe.
A landmark deal was reached over the weekend that will increase the debt ceiling, and avert default by the government. The agreement to raise the ceiling by 2.4 trillion dollars features a balanced budget package, including sweeping budget cut, as well as generating revenue by closing tax loopholes and ending oil- wait, what? No increases in revenue what so ever? Just cuts?
Well, at least Social Security, Medicaid, and Medicare were untouched- what’s that? Medicare was tapped for cuts?
Well, at least a deal was reached, the default was averted, and we can move forward- I’m sorry? Neither party likes the deal, and may not pass it? There may still be a default on our debt?
Washington DC: This town needs an enema.
At least my Cincinnati Reds made some blockbuster trades this weekend to put them back in the pennant – no? They stood pat?
The Reds must be like the government; tread water and hope nobody notices how bad they’re floundering.
I’m going back to bed; anybody seen my Teddy Bear?